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How Dangerous Are Gmm's As Counterfeits?

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burfle23's Avatar
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 Posted 10/15/2022  3:28 pm Show Profile   Bookmark this topic Add burfle23 to your friends list Get a Link to this Message Number of Subscribers
Staff Edit: GMM = Gallery Mint Museum


Latest to come through a Dealer's shop is this 1796 "quarter"; pretty obvious once you compare it to a known Galley Mint example:

How-Dangerous-Are-Gmm's-As-Counterfeits?

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Others I have images of include this "1793 large cent",

How-Dangerous-Are-Gmm's-As-Counterfeits?

a 1787 Fugio,

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How-Dangerous-Are-Gmm's-As-Counterfeits?

a very rare 1786 New Jersey,

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and a 1796 $2.5 gold piece that found its way into a genuine TPG holder!

I actually wrote a Coin Week article on that one at https://coinweek.com/counterfeits/f...arter-eagle/

How-Dangerous-Are-Gmm's-As-Counterfeits?

Best, Jack.






Edited by burfle23
10/15/2022 3:45 pm
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jfransch's Avatar
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 Posted 10/15/2022  5:15 pm  Show Profile   Bookmark this reply Add jfransch to your friends list Get a Link to this Reply
Calling NTC a "genuine" TPG is being really generous of you. GMM copies have turned up off and on on ebay in very worn condition (enough to get rid of the COPY stamp) for years now. One has to be very careful in looking at low grade examples of any early coins that GMM made copies of.
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burfle23's Avatar
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 Posted 10/15/2022  7:16 pm  Show Profile   Bookmark this reply Add burfle23 to your friends list Get a Link to this Reply
One in my collection; this one was also for sale on the Bay but from a known good seller; countermarked to try to hide the truth:

How-Dangerous-Are-Gmm's-As-Counterfeits?


Edited by burfle23
10/15/2022 7:19 pm
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kbbpll's Avatar
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 Posted 10/15/2022  7:29 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
The AC counterstamped one cracked me up.
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 Posted 10/15/2022  7:50 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Wonderful collection, thanks for sharing!
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 Posted 10/16/2022  12:36 am  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
Very interesting!
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 Posted 10/16/2022  10:43 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
Wow, crimminal, trying to hide the copy stamp.
Edited by livingwater
10/16/2022 10:44 am
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burfle23's Avatar
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 Posted 10/16/2022  10:47 am  Show Profile   Bookmark this reply Add burfle23 to your friends list Get a Link to this Reply
And another recent!


How-Dangerous-Are-Gmm's-As-Counterfeits?


How-Dangerous-Are-Gmm's-As-Counterfeits?

And a second previously listed on the Bay:

How-Dangerous-Are-Gmm's-As-Counterfeits?
Edited by burfle23
10/16/2022 3:48 pm
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CarrsCoins's Avatar
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 Posted 11/26/2022  4:59 pm  Show Profile   Bookmark this reply Add CarrsCoins to your friends list Get a Link to this Reply
here is one I bought a couple years ago. I bought it as part of a bulk lot on ebay from a reputable dealer.

How-Dangerous-Are-Gmm's-As-Counterfeits?
How-Dangerous-Are-Gmm's-As-Counterfeits?
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PNWType's Avatar
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 Posted 11/29/2022  6:11 pm  Show Profile   Bookmark this reply Add PNWType to your friends list Get a Link to this Reply
Interesting to me that the ghosting of COPY is still visible on all of them except for the counterstamp AC slapped over top of it. Arguably that would suggest that these aren't too dangerous, a solid look at it and you can still read COPY off most of them even after the damage. Since they're copying rare pieces, the price tag they would be trying to go for would hopefully get someone to stop and look closely at the details.
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 Posted 11/29/2022  9:12 pm  Show Profile   Bookmark this reply Add CarrsCoins to your friends list Get a Link to this Reply
my Half Cent fooled a room of 30 people at the eac convention this year. they are quite deceptive.

there is a story about a very knowledgable large cent expert who was convinced he was involved in the discovery of a new variety of 1793 cent. traveled to see the coin. wrote up some articles. turned out to be a weathered gmm.

they have made it into slabs.

the most expert of experts, the tpgs and many advanced collectors have been fooled by them.

copies exist without the copy punch. it was applied after striking.
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 Posted 11/29/2022  10:05 pm  Show Profile   Bookmark this reply Add JTCC to your friends list Get a Link to this Reply
intresting specimens.... thanks for the read.
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burfle23's Avatar
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 Posted 11/30/2022  08:09 am  Show Profile   Bookmark this reply Add burfle23 to your friends list Get a Link to this Reply
My 1793 even has an impressed edge; just need to work on that pesky "COPY"...

How-Dangerous-Are-Gmm's-As-Counterfeits?

How-Dangerous-Are-Gmm's-As-Counterfeits?


How-Dangerous-Are-Gmm's-As-Counterfeits?
Edited by burfle23
11/30/2022 08:31 am
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 Posted 11/30/2022  11:57 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
Many of the coins that show significant detail don't seem that convincing. The 1793 wreath cent in your collection seems very crudely executed. The 1793 Half Cent seems to have an oddly curved up, smile-shaped fraction divider. The really worn down coins are more convincing.
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 Posted 12/01/2022  10:41 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
The really worn down coins are more convincing.
Indeed. And that is a real danger for less educated buyers.
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